According to the monitoring of the business community, the price trend of domestic phthalic anhydride market in early February was temporarily stable. As of the 4th, the quotation of phthalic anhydride was 5725 yuan / ton. Recently, the price trend of phthalic anhydride remained stable, the spot supply on the floor was normal, and the market price of phthalic anhydride was firm.

In the near future, the price trend of phthalic anhydride market is stable, the delivery situation of phthalic anhydride market is normal, the downstream demand is normal, the price trend of o-benzene is stable, the plasticizer market is improved, and the price of phthalic anhydride is deadlocked. Domestic phthalic anhydride manufacturers started at a low level. The operating rate of phthalic anhydride in the market was about 60%. The domestic phthalic anhydride spot supply was slightly tight. The price of phthalic anhydride in the market was firm. The downstream plasticizer industry rose slightly. The actual transaction was not obviously good. The price trend of phthalic anhydride was temporarily stable. The price trend of phthalic anhydride market in East China is temporarily stable, with limited high-end transactions in the market. The mainstream of adjacent France source negotiation in East China is 5800-6000 yuan / ton, and naphthalene method source negotiation is 5500-5600 yuan / ton. The mainstream quotation of phthalic anhydride market in North China is 5600-5800 yuan / ton. The market outlook of phthalic anhydride still exists, and the downstream procurement has not increased significantly. Recently, the price of downstream DOP has risen, which has given the market a boost Certain positive support, but the market price trend of phthalic anhydride is temporarily stable.

In recent years, the domestic price of o-benzene has been temporarily stable, with the market price of 4 700 yuan / ton. The low domestic price of o-benzene is the bad influence of phthalic anhydride market. In addition, the import price of o-benzene in the port area remains at a low level, and the external quotation of o-benzene does not change much. The actual transaction price is subject to negotiation and detailed discussion. Coupled with the strong wait-and-see sentiment of o-benzene merchants in the market, the price of o-benzene fluctuates at a low level, The low price of raw material o-benzene is bad for the domestic market price of phthalic anhydride, and the resistance to the price rise of phthalic anhydride still exists.

At the beginning of February, the market price of phthalic anhydride downstream DOP continued to rise. According to the monitoring of business society, the domestic DOP price was 9955 yuan / ton as of the 4th, the price of isooctanol rebounded, the cost of DOP raw materials fluctuated and fell, the equipment start-up of DOP enterprises was temporarily stable, the price of PVC fluctuated and warmed up, and the low demand of downstream customers warmed up. The plasticizer market is more dynamic and the downward pressure is weak. The transaction price is based on the real-time price. The overall DOP price is about 9900-10400 yuan / ton. The future DOP market is more dynamic and the downward pressure is weak. The domestic phthalic anhydride price may rise slightly due to the favorable support from the downstream.

Overall, the recent rise in crude oil prices, coupled with the improvement of downstream plasticizer industry, the market of phthalic anhydride is supported by the positive, and it is expected that the market price of phthalic anhydride will rise slightly in the future.

According to the data monitoring of business news agency, the average ex factory price of LLDPE (7042) in East China was 7850.00 yuan / ton on January 31 and 7983.33 yuan / ton on February 3, up 1.70% during the period and 1.27% compared with January 1.

According to the data monitoring of business society, the average ex factory price of LDPE (2426h) in East China was 10712.50 yuan / ton on January 31, and 10812.50 yuan / ton on February 3, up 0.93% during the period, down 2.81% compared with January 1.

According to the data monitoring of business association, the average ex factory price of HDPE (5000S) in East China was 8033.33 yuan / ton on January 31 and 8200.00 yuan / ton on February 3, up 2.07% during the period and 0.41% compared with January 1.

In January, the three kinds of PE spot showed the trend of first falling and then rising. In 2021, the PE market continued the weak trend at the end of 2020, and in the first ten days of January, the whole market went down, but the three kinds of PE spot fell by different degrees. After the new year’s Day holiday, due to the overstocking of the two oil stocks, the market supply is sufficient, the ex factory prices of petrochemicals are mostly down, the terminals are mostly on the lookout, the traders are pessimistic, the market transaction atmosphere is not good, and the prices follow suit. In addition to the LLDPE market at the beginning of the month, the price of Liansu futures rose by a small margin, but the follow-up futures market also began to fall, the positive factors were not there, and the price began to weaken. According to the data monitoring of business association, in the first ten days of January, the decline of LDPE in East China was the most obvious, with a decline rate of about 400 yuan / ton. HDPE in East China fell by about 200 yuan / ton, while LLDPE in East China fell by the least, about 100 yuan / ton.

The three major spot varieties all stopped falling and rose in late January. In the latter half of the year, the linear futures market rose, which brought obvious boost to the market. The merchants tentatively raised their quotations, and the terminal inquiry enthusiasm improved. Affected by the Spring Festival, with the coming of the holiday, the downstream has entered the replenishment stage before the festival, the overall market transaction atmosphere has improved, the digestion of petrochemical inventory has been smooth, the supply of goods in the market is tight, the petrochemical has continuously increased the ex factory price slightly, the business mentality is better, and the high price is reluctant to sell.

At the end of January, Liansu futures rose sharply, bringing obvious benefits to the market. Petrochemical enterprises were stable and cost support was acceptable. Businesses continued to make tentative high reports. At the end of the month, petrochemical enterprises slightly increased their pricing in February. In February, most of the prices kept rising, there was little pressure on the supply side, the overall inventory of production enterprises was at a low level, some of the supply sources were tight, and the market price was relatively firm.

On February 3, the opening price of polyethylene futures 2105 was 7880, the highest price was 7995, the lowest price was 7835, the closing price was 7980, the former settlement price was 7860, the settlement price was 7905, up 120, or 1.53%, the trading volume was 307188, the position was 321199, and the daily increase was 22041. (quotation unit: yuan / ton)

In February, the overall trend of Liansu futures market was weak, which brought Limited benefits to the spot market. At present, although some petrochemical enterprises slightly increase the ex factory price, the market transaction atmosphere is general. The Spring Festival is coming, and the demand for terminal replenishment is basically over before the festival. At present, the enthusiasm for entering the market is general. In the later stage, with the downstream factories having a holiday, the market demand gradually weakens, the merchants’ mentality is damaged, and some market prices are loose. It is expected that the polyethylene market will be dominated by weak consolidation in the short term.

1、 Price trend

2、 Market analysis

According to the data of business news agency, the price of Mannheim potassium sulfate 50 granules was 2725 yuan / ton at the beginning of January and 2750 yuan / ton at the end of the month, with a slight upward trend. This month, the domestic potassium sulfate Market has been running stably, and there is no inventory pressure on the whole. The manufacturers have basically continued the prices in the early stage. The prices in some areas have risen slightly, and the supply is relatively sufficient. However, the new orders are slightly flat, and the orders are being shipped in the early stage. The production of sinopotash is normal, mainly in the early stage of shipment, with the arrival price of 52% flour at about 2740 yuan / ton; the production of water salt system in Qinghai is limited, with the arrival price of 50% flour at about 2575 yuan / ton. By the end of the month, the operating rate of Mannheim potassium sulfate industry had rebounded to 79%. Due to the impact of the epidemic situation and transportation logistics, the operating rate of Hebei Province had rebounded after the environmental pressure of Henan market was relieved.

The upstream potassium chloride market as a whole maintained stable operation, production and supply were normal, the market mostly purchased on demand, and the potassium chloride contract negotiation information was released. In terms of domestic potassium, Qinghai potassium chloride plants have entered into the state of maintenance one after another, and the first arrival price of Salt Lake 60% powder and crystal is 2050 yuan / ton; in terms of imported potassium, the port inventory is relatively sufficient, with 62% white potassium at 2125 yuan / ton and 60% Dahong granules at 2100 yuan / ton. The downstream compound fertilizer market is mainly price fixing and wait-and-see, and the production of most fertilizer enterprises is stable.

3、 Future forecast

Potassium sulfate analysts of business news agency believe that: at present, the overall operation of potassium sulfate manufacturers is stable, most of them continue to quote before the end of the year, the demand is flat, and the market is expected to be stable in the future.

1、 Price trend of lithium hydroxide

(Figure: p-value curve of lithium hydroxide product)

2、 Market analysis

As of February 1, the average price of domestic industrial grade lithium hydroxide enterprises was 57333.33 yuan / ton, up 0.58% compared with last Monday (January 25) and 10.26% compared with January 1, according to the data of business club’s block list. Recently, the domestic industrial grade lithium hydroxide Market has been running strongly. The price of lithium carbonate in the upstream has been rising continuously. In addition, the downstream stock has been prepared before the festival, the inquiry has increased, and the demand has increased. The industry has no intention to lower down, and the focus of market negotiation has moved up. At present, the quotation of Shanghai Yulun industrial grade lithium hydroxide is 58000 yuan / ton; Zigong tongfarong industrial grade lithium hydroxide is 53000 yuan / ton; Shanghai oujin industrial grade lithium hydroxide is 61000 yuan / ton, and the specific transaction price is discussed separately.

According to the price monitoring of upstream lithium carbonate, the overall market price of lithium carbonate in East China rose rapidly in January 2021, and the price increase rate increased significantly until the end of the month. As of January 31, the average price of industrial grade lithium carbonate in East China was 68200 yuan / ton, 36.4% higher than that at the beginning of the month (the average price of industrial grade lithium carbonate in East China was 50000 yuan / ton on January 1). On January 31, the average price of battery grade lithium carbonate in East China was 72400 yuan / ton, up 32.6% compared with the average price at the beginning of the month (54600 yuan / ton in East China on January 1).

According to the price monitoring of business community, in the list of rise and fall of commodity prices in January 2021, there were 55 kinds of commodities in the chemical industry sector, among which 28 kinds of commodities increased by more than 5%, accounting for 30.4% of the number of commodities monitored in the sector; the top three commodities increased were bisphenol A (39.00%), lithium carbonate (36.40%) and DMF (25.96%). There were 31 kinds of commodities with a month on month decrease, and 14 kinds of commodities with a decrease of more than 5%, accounting for 15.2% of the number of commodities monitored in this sector; the top three products with a decrease were hydrochloric acid (- 32.17%), chloroform (- 31.51%) and sulfuric acid (- 25.43%). The average rise and fall this month was 1.85%.

3、 Future forecast

According to the lithium hydroxide analysts of business news agency, the recent rise in the price of upstream lithium carbonate has boosted the mentality of the industry to a certain extent. In addition, the demand side has increased. It is expected that the domestic industrial lithium hydroxide Market will be strong in the short term, and more attention should be paid to the market information guidance.

As of January 29, the average 180CST price of domestic fuel oil was 4057.50 yuan / ton (including tax), up 1.25% from the beginning of the week, according to the data of business news agency.

On January 29, the fuel oil commodity index was 82.18, unchanged from yesterday, down 29.10% from 115.91 (October 17, 2018), the highest point in the cycle, and up 78.34% from 46.08, the lowest point on August 15, 2016. (Note: period refers to the period from September 1, 2011 to now)

Domestic marine oil raw materials support the cost of fuel oil 180CST. According to the business news agency, as of January 29, the self provided low sulfur quotation of fuel oil 180CST in Zhoushan area was 4100 yuan / ton; the self provided low sulfur quotation of fuel oil 120cst was 4200 yuan / ton; the self provided low sulfur quotation of fuel oil 180CST in Shanghai area was 4050 yuan / ton; and the self provided low sulfur quotation of fuel oil 120cst was 4150 yuan / ton.

International crude oil prices rose this week, supporting fuel oil prices. With the decline of US crude oil inventory, the weakening of US dollar and the severe global epidemic trend, the market is more concerned about the delay of vaccination and new travel restrictions, which may depress demand. This week, WTI crude oil prices rose by 0.13% and Brent crude oil prices fell by 0.56%.

Singapore’s fuel oil inventory has decreased and its support for fuel oil has increased. It is understood that Singapore’s enterprise development board (ESG): in the week ending January 27, Singapore’s fuel oil inventory decreased by 1.208 million barrels to a five week low of 20.791 million barrels. The weighted average price of shale oil in Fukuang was 2739 yuan / ton, up 81 yuan / ton from the previous round.

Future forecast: business community energy analysts believe that in the near future, the downstream demand of fuel oil 180CST market is light, and the terminal purchase is mainly on demand. Overall, it is expected that the fuel oil 180CST market may be stable in the short term.